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Economy adds 311K jobs in February, unemployment rises to 3.6 percent

Por: The Hill Politics March 10, 2023

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The U.S. economy added 311,000 jobs in February and the unemployment rate rose to 3.6 percent, according to data released Friday by the Labor Department. Economists had been expecting around 225,000 jobs to be added in February and for the unemployment rate to remain at 3.4 percent. Despite the strong headline jobs gain, the report showed signs the labor market may finally be buckling under the pressure of eight consecutive interest rate hikes... + full article



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